The very first wristwatch was made in 1868 for Countess Koscowicz of Hungary by the renowned Swiss watchmaker Patek Philippe. The watch was an intricate piece of art, featuring a solid gold bangle and no less than eight gemstones. Today, luxury wristwatches are nearly synonymous with wealth and power across the world, with brands like Rolex and Patek Philippe adorning businessmen, actors, politicians, and other men of influence.
Furthermore, like many luxury items, some luxury watches have a tendency to appreciate in value. For those less financially motivated, this simply means that they’ll always have something of value to keep on their wrist. For those with an eye for value, however, a luxury watch is more than just a decorative piece: It’s an investment. The enterprising individual will sell watches for cash many times during his career. However, this begs the question: Where is the best place to sell watches?
When you’re looking to sell watches for cash, the first question to consider is this: “What exactly do I want out of this sale?” For instance, if you’re looking to get whatever you can as quickly as possible, often the best answer is to visit a local pawn shop. The fact of the matter is, you’re not going get the full value possible for whatever watches you bring in, but you will come out with some cash the day you walk in.
Just as in life, however, the fastest route is seldom the best. While you will be able to sell watches for cash quickly, you will definitely be losing a lot of potential value. On the other side of the spectrum, if you’re looking to get the maximum dollar value for your luxury watch, it might behoove you to put the watch up for sale online on a site like eBay or Amazon.
Selling your watch on such a site will take a great deal of patience, and many people will badger you to sell for a third of your offer or less. Furthermore, it will be up to you to look at the market and determine a reasonable price. If you are both patient and persistent, however, there is a chance you will receive the maximum value possible.
The downside of this choice is that it’s very likely to take several months to receive the maximum value. Furthermore, you’ll be forced to spend hours fielding bad offers. For those people looking achieve the perfect balance between value and time investment, it’s best to sell to a trusted online brand. We have several watch-appraisal experts on hand, and we will be able to offer you the best in both price and convenice.